Economy

Law schools, ILS partner on foreclosure prevention services

January 20, 2016
IL Staff
A grant from the Office of the Indiana Attorney General will help fund a partnership between Indiana Legal Services Inc. and two law schools in an effort to provide more services to those facing foreclosure in the state.
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2015 record-breaking year for law firm combinations

January 6, 2016
IL Staff
The 91 law firm combinations announced in the United States last year is the highest annual total recorded by Altman Weil MergerLine, which has been compiling this data for nine years.
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COA affirms attorney owes ex-assistant thousands in unpaid wages

December 23, 2015
Jennifer Nelson
An Elkhart solo practitioner must pay his former legal assistant more than $85,000 after she sued him to recover unpaid wages owed to her over the course of two years, the Court of Appeals affirmed Wednesday.
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Henderson: Survey reveals signs of fundamental change in the legal profession

December 2, 2015
Marilyn Odendahl
The traditional career path for Indiana attorneys – graduate from law school, become an associate in a law firm, work long hours and eventually become a partner – appears to be broken, or at least cracked.
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Focus for law firms: Clients, clients, clients

December 2, 2015
Dave Stafford
Law firms large and small face similar challenges – keeping costs down and quality high while also finding ways to sustain and grow the business.
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Survey finds widespread professional satisfaction, little encouragement to pursue career in law

December 2, 2015
Dave Stafford
Life’s not bad being a lawyer. Work is satisfying, there’s time for life outside work, and the pay is good. But I wouldn’t recommend it. Those contradictions in lawyers’ prevailing attitudes were revealed in Indiana Lawyer's Practicing Law in Indiana survey.
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Chief legal officers: cost pressures biggest issue

November 10, 2015
Jennifer Nelson
Chief legal officers say internal and external cost pressures were their biggest concern in managing their law departments this year, according to survey results released Tuesday by Altman Weil.
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Panel: Indiana's economy to grow at slightly faster rate

November 5, 2015
 Associated Press, IBJ Staff
Indiana's economy will grow at a slightly faster rate next year and into 2017 even as the state faces challenges from weakening international markets, Indiana University economists said Thursday in their annual forecast.
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Can an on-demand lawyer startup transform the legal business?

November 5, 2015
 Bloomberg News
John Suh is convinced that he can put lawyers back to work. In the past decade, the number of working lawyers has fallen by more than 50,000. Solo practitioners, the mom-and-pop shops of jurisprudence, have been in a death spiral for even longer.
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Pence decides to pay off federal unemployment loan

October 22, 2015
 Associated Press, IBJ Staff
Gov. Mike Pence on Thursday morning announced that the state would use about $250 million from Indiana's surplus to finish paying back the federal government for a loan the state took out to pay unemployment benefits during the recession.
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Forgiving student debt

October 21, 2015
Marilyn Odendahl
The American Bar Association launched a campaign in response to proposed changes to federal loan forgiveness and repayment programs.
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Indiana programs help public sector attorneys with loans

October 21, 2015
Marilyn Odendahl
Along with the government repayment and forgiveness programs designed to help new attorneys in the public sector pay their student loans, law schools and bar associations have established similar programs.
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Confidence levels remain muted, partners say

October 14, 2015
 Bloomberg News
If there’s optimism among law firm managing partners, it’s muted at best.
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Record pace for US law firm combinations continues

October 12, 2015
 Bloomberg News
Law firm mergers show no signs of abating. That’s the takeaway from a report from legal consultant Altman Weil Inc., which tracks the number of combinations -- both large and small – among firms.
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Total legal spending up 2 percent, survey says

October 12, 2015
 Bloomberg News
Total legal spending is up slightly – by 2 percent – according to HBR Consulting’s 2015 Law Department Survey. But, not surprisingly, outside counsel spending is flat compared with last year.
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Survey reveals managing partners’ economic mood is muted

July 28, 2015
 Bloomberg News
Managing partners at the end of 2014 expressed renewed economic confidence. The mood seems less rosy now, according to the latest survey by the Law Firm Group at Citi Private Bank.
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Pensions vex as ranks of retired partners grow

June 25, 2015
 Bloomberg News
The funding of pension plans remains problematic for many employers, and on June 17 the federal government named well-known attorney and mediation maven Kenneth Feinberg to supervise a new program that allows some pension funds to cut retiree benefits.
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‘No relief’ for law school enrollment slump

February 25, 2015
IBJ Staff, J.K. Wall
After three down years for law school enrollment, Austen Parrish expected a rebound of applications and enrollment this year at Indiana University Maurer School of Law. But it isn’t happening.
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Rising cost of legal education sparked creation of ABA task force

February 25, 2015
Marilyn Odendahl
At public law schools, the average tuition and fees across the country for in-state residents skyrocketed 123 percent between 2003 and 2013. Private law schools were marginally better, logging an increase of 64 percent, according to a 2014 analysis by Robert Kuehn, professor at Washington University School of Law in St. Louis.
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The first 2 law schools to drop the LSAT could be just the beginning

February 24, 2015
 Bloomberg News
Two law schools said this month that they would begin accepting applicants who have not taken the Law School Admissions Test, a move that may help curb weak interest and plunging enrollments in law schools across the country.
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Funding short for Indianapolis-area jail literacy program

February 16, 2015
 Associated Press
A program that provides literacy instruction to inmates in Indianapolis-area jails is having funding problems and organizers of the nonprofit Indy Reads have said its future is uncertain.
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Indiana bills to increase minimum wage go unheard

February 11, 2015
Dave Stafford
More than half of states in the U.S. have enacted laws increasing their minimum wages above the federal standard of $7.25 an hour, but the Indiana Legislature won’t even discuss it.
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Law firms see overhead costs shift during past 25 years

January 28, 2015
Marilyn Odendahl
All the modern devices and technology used by law firms these days come at a high cost and are often among the top firm expenses, according to managing partners.
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Once controversial, IOLTA is now professional standard in Indiana

January 14, 2015
Marilyn Odendahl
Indiana Supreme Court posed an obstacle in 1990 to getting the program launched to fund pro bono efforts.
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NDLS loan repayment program growing in dollars and applications

October 20, 2014
Marilyn Odendahl
Notre Dame Law School’s program to assist its graduates who pursue careers in the public service sector has reached the $1 million milestone.
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  1. Where may I find an attorney working Pro Bono? Many issues with divorce, my Disability, distribution of IRA's, property, money's and pressured into agreement by my attorney. Leaving me far less than 5% of all after 15 years of marriage. No money to appeal, disabled living on disability income. Attorney's decision brought forward to judge, no evidence ever to finalize divorce. Just 2 weeks ago. Please help.

  2. For the record no one could answer the equal protection / substantive due process challenge I issued in the first post below. The lawless and accountable only to power bureaucrats never did either. All who interface with the Indiana law examiners or JLAP be warned.

  3. Hi there I really need help with getting my old divorce case back into court - I am still paying support on a 24 year old who has not been in school since age 16 - now living independent. My visitation with my 14 year old has never been modified; however, when convenient for her I can have him... I am paying past balance from over due support, yet earn several thousand dollars less. I would contact my original attorney but he basically molest me multiple times in Indy when I would visit.. Todd Woodmansee - I had just came out and had know idea what to do... I have heard he no longer practices. Please help1

  4. Yes diversity is so very important. With justice Rucker off ... the court is too white. Still too male. No Hispanic justice. No LGBT justice. And there are other checkboxes missing as well. This will not do. I say hold the seat until a physically handicapped Black Lesbian of Hispanic heritage and eastern religious creed with bipolar issues can be located. Perhaps an international search, with a preference for third world candidates, is indicated. A non English speaker would surely increase our diversity quotient!!!

  5. First, I want to thank Justice Rucker for his many years of public service, not just at the appellate court level for over 25 years, but also when he served the people of Lake County as a Deputy Prosecutor, City Attorney for Gary, IN, and in private practice in a smaller, highly diverse community with a history of serious economic challenges, ethnic tensions, and recently publicized but apparently long-standing environmental health risks to some of its poorest residents. Congratulations for having the dedication & courage to practice law in areas many in our state might have considered too dangerous or too poor at different points in time. It was also courageous to step into a prominent and highly visible position of public service & respect in the early 1990's, remaining in a position that left you open to state-wide public scrutiny (without any glitches) for over 25 years. Yes, Hoosiers of all backgrounds can take pride in your many years of public service. But people of color who watched your ascent to the highest levels of state government no doubt felt even more as you transcended some real & perhaps some perceived social, economic, academic and professional barriers. You were living proof that, with hard work, dedication & a spirit of public service, a person who shared their same skin tone or came from the same county they grew up in could achieve great success. At the same time, perhaps unknowingly, you helped fellow members of the judiciary, court staff, litigants and the public better understand that differences that are only skin-deep neither define nor limit a person's character, abilities or prospects in life. You also helped others appreciate that people of different races & backgrounds can live and work together peacefully & productively for the greater good of all. Those are truths that didn't have to be written down in court opinions. Anyone paying attention could see that truth lived out every day you devoted to public service. I believe you have been a "trailblazer" in Indiana's legal community and its judiciary. I also embrace your belief that society's needs can be better served when people in positions of governmental power reflect the many complexions of the population that they serve. Whether through greater understanding across the existing racial spectrum or through the removal of some real and some perceived color-based, hope-crushing barriers to life opportunities & success, movement toward a more reflective representation of the population being governed will lead to greater and uninterrupted respect for laws designed to protect all peoples' rights to life, liberty & the pursuit of happiness. Thanks again for a job well-done & for the inevitable positive impact your service has had - and will continue to have - on countless Hoosiers of all backgrounds & colors.

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